You see it....but I can describe...idk how beneficial that is....This is an idea...but I will not trade bitcoin to the down side. too dangerous for me...but we could look to buy once that move completes
IF we get a break above the 0.8670ish area. I would look to jump long. With a initial TP at the first horizontal line of resistance and look to ride it up all the way the the line drawn. This is my first chart. YAY ME. Dont forecast! Trade your plan!
The pricing is where I would act. May want to wait in order to avoid the spread. I took actions since this is at least a 1:6 Trade even with the spread. See the chart for SL and TP.
This pattern is on all GBP pairs with slight variations. This would be an awesome time to go short when most of the market is long.